JLL Capital Markets has successfully closed the $74.7 million sale and financing of Millennium Edina, a 227-unit mid-rise multi-housing community located in Edina, Minnesota within the suburban Minneapolis area.
On behalf of the seller – a joint venture between Dakota Pacific Real Estate and Landmark Companies – JLL Capital Markets procured a private investor as buyer and secured financing for them through JLL Real Estate Capital, LLC; Fannie Mae DUS lender. The Investment Sales & Advisory team was led by Managing Directors Josh Talberg, Mox Gunderson & Dan Linnell; Senior Director Adam Haydon; Director Devon Dvorak while Managing Director Brock Yaffe headed up Debt Advisory services.
Millennium Edina is situated at 3250 W 66th Street providing immediate access to both downtown Minneapolis & St Paul from its southwest submarket location
